
Stockton, CA 95202
This Value-Add Residential Asset represents a High-Potential Investment Opportunity with a List Price of $199,000, matching its $199,000 Fair Market Value. Featuring a Condition Rating of 5, the interior is a blank canvas with demolition already finalized, allowing for a streamlined custom build-out. Its strategic location near the University of the Pacific and medical facilities ensures strong future rental demand and forced appreciation. This is an ideal project for Fix-and-Flip Investors or Contractors seeking a high-equity renovation in a central Stockton corridor.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1418 N Center Street Subject | $199,000* List Price | 2 | 1 | 1,010 | $197 | - |
A 336 E Rose Street Sold | $255,000 | 2 | 2 | 1,137 | $224 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
The property is in a state of mid-renovation and is currently unlivable. The interior has been gutted to the studs, meaning there are no functional kitchen or bathroom facilities, no finished flooring, and no wall coverings. It requires a complete interior build-out, including all-new systems, fixtures, and appliances.
The property is ideally situated near the University of the Pacific, medical facilities, and local dining, making it an attractive option for future student housing or professional rentals.
With the majority of demolition already completed, the home serves as a blank canvas that saves the buyer significant time and initial labor costs in the remodeling process.
Priced competitively at $199,000, this listing offers a significant opportunity for investors or contractors to build substantial sweat equity through a full custom renovation.
As a 'bring a hammer' project with demolition already started, the property requires a full interior build-out, necessitating a large budget for materials, permits, and skilled labor.
The 2,500 square foot lot is quite small for the area, providing very little yard space and limiting options for outdoor entertaining or future structural expansions.
Opportunity! Priced to sell! This property is a blank canvas, a chance to customize. Most of the demolition has been completed, and now you can finish the job. Nearby are easy dining, medical facilities, and parks, in proximity to The University of the Pacific. Bring your tools!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 1.0 | 2.0 | 33% |
| Square foot | 1,010 | 1,137 | 33% |
| Lot Size | 2,500 | 3,302 | 33% |
| Price | $199.0K | $255.0K | 33% |
| Price per sq ft | $197 | $197 | 50% |
| Built year | 1925 | 1925 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 608 | 330 | 0% |
Aug 22, 2024
$199,000
Initial Listing
Dec 31, 2003
$149,500
Public Record